Italian glass company Zignago Vetro plans IPO by year-end

Date: 16 June 2006

Italian glass company Zignago Vetro SpA plans to launch an initial public offering by the end of the year, a financial source said.

Medinvest is the IPO advisor, while Sanpaolo IMI SpA and UBS will coordinate the offering, the source added.

Zignago Vetro makes glass containers for the food, cosmetic, and pharmaceutical market and has an annual turnover of about 200 mln eur, it said.

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